The selected property of this issue is located in the Royal Borough of Kensington and Chelsea and is a 2 bedroom apartment measuring 730sq feet. It was bought for £545,000 in March 2012, and has been refurbished at a cost of £60,000. It is currently valued at £730,000 representing a return of 20% over the period or 12.0 % per annum. Properties in this area rent for £500 per week representing a rental yield of 3.6% on current market value and 4.3% on cost.
Real Estate Advisory
Property Case Study
27th November 2013
